OKB (OKB) is 108.5× the size of Citrea (CTR) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.46 across 43 shared trading days). CTR has been the more volatile of the two, at 121% annualised against OKB's 53%.
CTROKB
-0.46over 43 shared trading days
Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.
| Metric | CTR | OKB |
|---|---|---|
| Max drawdown (400d) | -40.2% | -12.2% |
| Risk-adjusted return (90d) | 0.52 | 0.06 |
Relative strength over 90 days: CTR outperformed OKB by 53.0% — measured on the CTR/OKB ratio, so it holds regardless of market direction.